SINGAPORE - Singaporeans will get Government help to tide through difficult times, even as the country faces major uncertainties including inflation and geopolitical challenges, said Prime Minister Lee Hsien Loong on Tuesday. Read more at straitstimes.com.
SINGAPORE - Singaporeans will get Government help to tide through difficult times, even as the country faces major uncertainties including inflation and geopolitical challenges, said Prime Minister Lee Hsien Loong on Tuesday.
The Budget had laid out plans to for payouts to help Singaporeans with the effects of higher-than-expected inflation, as well as financial support for parents to care for their children, among others. Mr Lee noted that Singapore has emerged stronger together from the Covid-19 pandemic, with the economy recovering to pre-pandemic levels.In his Budget speech, Mr Wong said that a budget deficit of about $0.4 billion, or 0.1 per cent of gross domestic product, is expected for the financial year 2023.
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